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$2,100,000

Est. payment - /mo

New

545 551 Woodward St San Marcos, CA 92069

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision San Marcos

MLS Listing ID 250042715SD

HOA Y/N No

Year Built 1982

Property Description

The offering at 545–547 and 549–551 Woodward Street in San Marcos presents a rare opportunity to acquire two contiguous duplex parcels in one of North County's most desirable and stable rental markets. Built in 1982, each property features spacious 1,325-square-foot, two-bedroom, one-bath units with large front and backyards, individual garages, and additional on-site parking. The combined lot size totals over 18,800 square feet, with one parcel measuring 8,866 square feet and the other an oversized 9,985 square feet, providing ample outdoor space and potential for future redevelopment. The properties are in largely original condition, allowing an investor to capitalize on a true value-add opportunity through interior and exterior improvements, modernized ?nishes, and upgraded amenities to increase rents and enhance overall asset value. Current average rents at 545 Woodward are approximately $2,590 per unit, while 549 Woodward averages $2,588 per unit—well below market levels for comparable renovated duplexes in the area.

Location

State CA

County San Diego

Area 92069 - San Marcos

Building/Complex Name NA

Interior

Cooling None

Fireplace No

Exterior

Fence Partial

View Y/N No

Roof Type Composition

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 2181615100/218161520

Acceptable Financing Conventional

Listing Terms Conventional

Virtual Tour https://www.propertypanorama.com/instaview/snd/250042715

Listed by Bill Anderson Acre Investment Real Estate

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